# Market Highlights: Cattle Feeding Circus

> Fed cattle traded $2 to $3 lower in the week to November 12, with the 5-area live average at $114.65 per cwt. The Choice boxed beef cutout fell to $200.36. Feeders face thin margins as fed cattle prices keep declining.

- Date: 2020-11-13 · published 2020-11-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/50309-market-highlights-cattle-feeding-circus
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower fed cattle and beef cutout prices signal weaker packer and feedlot demand for cattle. Feeders are restocking pens, which supports feeder cattle prices in the near term.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: bearish ▼

## Sources

- drovers.com: https://www.drovers.com/markets/market-highlights-cattle-feeding-circus

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.